China's search engine Baidu on Monday relased an
Android-based mobile browser capable of playing web games
and videos without a media player.

The Baidu Mobile Browser is about 20 percent faster than
its rivals based on internal tests, Baidu says. The browser
will compete with UCWeb 's UC Browser, Google's Chrome and
default Android browser, and Apple 's Safari browser.

Baidu's mobile browser also allows users to access a
web-based mobile applications and run high-definition video
through the browser without having to download apps or any
media player.

Baidu is also offering other mobile products such as its
mobile operating system and cheap smartphones launched with
partners. The company hopes that 80 percent of China's
Android handsets to have downloaded the Baidu Mobile
Browser by the end of 2012.

Baidu Inc will also invest more than 10 billion yuan ($1.6
billion) to set up its cloud computing centre, Baidu's
chief financial officer Jennifer Li said on Monday.